Posted by Reuters: Business News on June 23, 2010
SHANGHAI (Reuters) – China’s yuan inched higher on Wednesday, settling down after the biggest swings since 2005 and driving home the message that Beijing’s promise of currency flexibility will not produce the rapid gains its trading partners would like.
Posted by Reuters: Business News on June 22, 2010
SHANGHAI (Reuters) – China pulled back the veil on its new currency regime a little further on Tuesday, appearing to engineer a fall in the yuan to make clear its vow of flexibility did not include one-way bets for appreciation.
Posted by Reuters: Business News on June 21, 2010
SHANGHAI (Reuters) – China’s surprise move to relax currency controls ahead of this weekend’s G20 summit buoyed global markets and sent the yuan to a five-year peak on Monday, as analysts questioned how far Beijing’s new currency flexibility would go.
Posted by Reuters: Business News on
SHANGHAI (Reuters) – China’s yuan hit a five-year peak on Monday after Beijing suddenly relaxed controls ahead of this weekend’s G20 summit, sparking stock gains around the world and questions about just how far China’s new currency flexibility would go.
Posted by Reuters: Business News on
SHANGHAI (Reuters) – China’s yuan surged to a five-year peak on Monday, sending stocks higher across the globe as Beijing signaled ahead of this weekend’s G20 summit that it would deliver on pledges of greater currency flexibility.
Posted by Reuters: Business News on
SHANGHAI (Reuters) – China’s yuan surged on Monday the most since its revaluation in 2005, sending a clear signal ahead of this weekend’s G20 summit that Beijing is sticking to its word of allowing greater currency flexibility.
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SHANGHAI (Reuters) – China’s yuan bolted to a 21-month high on Monday, suggesting authorities are unshackling the currency from its de facto 23-month-old peg to the dollar after vowing greater flexibility at the weekend.
Posted by Reuters: Business News on April 17, 2010
BEIJING/SHANGHAI (Reuters) – China’s cabinet on Saturday laid out further detailed measures for keeping the property sector in check, empowering and ordering local governments to take steps to control speculative buying.
Posted by Reuters: Business News on April 13, 2010
SHANGHAI (Reuters) – China’s Huawei Technologies has been tapped by money-losing smartphone maker Palm Inc for preliminary acquisition talks, a source familiar with the matter said.
Posted by Reuters: Business News on March 30, 2010
SHANGHAI/BEIJING (Reuters) – China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.
